Nancy Ferrara - 20 Feb 2024 Form 4 Insider Report for Voya Financial, Inc. (VOYA)

Role
Executive Vice President, Organizational Health and Enterprise Capability Building
Signature
/s/ My Chi To, Attorney-in-Fact
Issuer symbol
VOYA
Transactions as of
20 Feb 2024
Net transactions value
-$265,199
Form type
4
Filing time
22 Feb 2024, 16:05:15 UTC
Previous filing
02 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VOYA Common Stock Options Exercise $0 +4,342 +26% $0.000000 21,361 20 Feb 2024 Direct F1
transaction VOYA Common Stock Options Exercise $0 +5,266 +25% $0.000000 26,627 20 Feb 2024 Direct F1
transaction VOYA Common Stock Tax liability $265,199 -3,781 -14% $70.14 22,846 20 Feb 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VOYA Restricted Stock Units Options Exercise $0 -4,342 -36% $0.000000 7,762 20 Feb 2024 Common Stock 4,342 Direct F2
transaction VOYA Performance Stock Unit Options Exercise $0 -5,266 -18% $0.000000 24,071 20 Feb 2024 Common Stock 5,266 Direct F3
holding VOYA Performance-Based Stock Options 71,174 20 Feb 2024 Common Stock 71,174 Direct F4
holding VOYA Deferred Savings Plan Issuer Stock Units 6,657 20 Feb 2024 Common Stock 6,657 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Delivery of shares of the company's common stock was made to the reporting person without the payment of any consideration in connection with the vesting of the underlying restricted stock units that were awarded as compensation.
F2 The restricted stock units were awarded as compensation and converted to common stock on a 1 to 1 basis upon the vesting date.
F3 The performance stock units were awarded as compensation and converted to common stock based on the achievement of certain performance factors.
F4 The options vest based on the conditions set forth in their respective agreements.
F5 Each of these units represents a right to receive the cash value of one share of the company's common stock upon the reporting person's separation from the company. The reporting person may reallocate investments in these units to alternative investments in the future.

Remarks:

Executive Vice President, Organizational Health and Enterprise Capability Building